For The Ancora Group, the recent acquisition of Beachwood investment adviser Inverness Holdings punctuates several years of growth of revenues and market share.

And some experts believe these kinds of combinations could become more common in the future as firms compete for business.

The merger creates the new, dedicated family wealth practice Ancora Inverness, which joins Ancora Advisors and Ancora Securities to comprise The Ancora Group.

Financial terms of the deal, which marks the first acquisition for Ancora since its founding in 2001, were not disclosed.

Inverness, which according to managing principal Rick Renner had about $675 million in assets under management prior to the merger, places the combined company at more than $4 billion in total assets under management. Ancora Advisors, notably, is the fourth-largest money manager in Cleveland in terms of assets, according to Crain’s 2015 Book of Lists.

All 15 Inverness employees are making the transition. And the company, based in Beachwood, will eventually move to Ancora’s Cleveland headquarters. The Ancora organization now includes just fewer than 60 employees.